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Biotech / Medical : Centocor ( CNTO )
CNTO 0.000010000.0%Mar 7 3:00 PM EST

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To: PawPr who wrote (694)5/29/1998 2:09:00 PM
From: FNS  Read Replies (2) of 965
 
Bruce: BIG VOLUME! Looks like many traders jumped ship on the news! I think it's indicative of how the stock has reacted on good news in the past. So, now I think that once the big sellers are gone the stock will recover. However, we may not get any upward movement for a while, perhaps till actual FDA approval, or QTRLY earnings release in July.

But am confident that the stock will get through the 44 area and test the old highs by year end.

Offtopic: Yes, haven't given up on the DRILLERS and holding on CYPB. Now someone do something for the disk drive sector (perhaps 6-12 months before recovery-maybe!).

- back to pepsi!

FNS


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